2026年环保行业投资策略:市政环保红利属性强化 双碳+AI引领板块成长

申万宏源研究
Nov 16

市政环保盈利稳定,现金流改善+化债推进+水价调整,环保红利资产机会凸显。市政环保具有盈利稳定、特许经营等特点,伴随行业发展成熟,现金流改善(Capex下降及化债推动应收回款),公司分红有望持续提升,行业涌现出一批高股息标的。与此同时,伴随化债推进及环保盈利稳定性凸显,叠加水价调整加速推进,环保红利资产机会凸显,推荐瀚蓝环境、兴蓉环境、绿色动力、军信股份、永兴股份、洪城环境、海螺创业、光大环境、...

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